The housing market never stands still. Inventory rises and falls, prices adjust, buyer demand shifts, and interest rates can reshape the landscape in a matter of weeks.
The Market Tracker Hub gives you clear, data-driven insight into what’s happening locally and nationally, so you can make informed real estate decisions based on real numbers, not headlines or hype.
Track the Market That Matters to You
Start by choosing the market view you want to explore. Each section focuses on measurable trends, updated regularly, with context to help you understand what the numbers actually mean.
Local Market Tracker
Track inventory levels, pricing trends, days on market, buyer activity, and supply-demand shifts across Frankfort, Mokena, New Lenox, Tinley Park, Orland Park, and nearby southwest suburbs.
View Local Market Data →National Market Tracker
Follow big-picture housing trends across the U.S., including mortgage rates, inflation, inventory cycles, economic indicators, and shifts in buyer sentiment.
View National Market Data →Start Here
If you’re new to tracking market data, start with the 101 guide for the market view you’re exploring. These pages explain the key metrics, how they interact, and how to interpret changes over time.
Why Market Data Needs Context
Numbers alone don’t tell the full story. A rise in inventory might signal opportunity for buyers, or it might reflect normal seasonal behavior. A price dip could indicate market cooling, or simply a shift in the types of homes being listed.
With two decades of experience working in the southwest suburbs, I track both the data and the nuance behind it. These market trackers combine measurable trends with real-world interpretation, so you understand not just what’s happening, but why.
Market Tracker FAQ
How often is market data updated?
Local market data is typically updated weekly or monthly depending on availability. National indicators may update weekly, monthly, or quarterly based on the source.
Why should I follow both local and national data?
National trends shape lending conditions, affordability, and buyer confidence, while local data shows how those forces actually play out in your specific market.
Which metrics matter most?
Inventory levels, median pricing, days on market, mortgage rates, and the list-to-sale price ratio provide the clearest picture of market direction.
What if different indicators seem to conflict?
That’s normal. No single metric explains the market on its own. The most useful insight comes from watching how multiple indicators move together over time.
Can you help me interpret this data for my home?
Yes. Every neighborhood and price range responds differently to market shifts. A personalized review can put the numbers into context for your specific situation.
You shouldn’t have to deal with long market times, low offers, or a frustrating real estate experience.
With clear information and the right strategy, you won’t have to. That’s why this site exists, to help you understand the market before you make important decisions.
If you’d like to talk through your situation or ask a question.
If you want help applying this information to your situation, you can reach out here.
This guide is maintained by Raymond Kennedy, a local real estate advisor helping buyers and sellers navigate the southwest suburbs of Illinois.